Senate File 129 - Introduced



                                       SENATE FILE       
                                       BY  DANIELSON


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to the rail assistance program, making an
  2    appropriation, and providing a contingent effective date.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1848SS 81
  5 dea/sh/8

PAG LIN



  1  1    Section 1.  RAIL ASSISTANCE PROGRAM == APPROPRIATION.
  1  2    1.  There is appropriated from the grow Iowa values fund to
  1  3 the state department of transportation for the fiscal period
  1  4 beginning July 1, 2005, and ending June 30, 2010, the
  1  5 following amount, or so much thereof as is necessary, to be
  1  6 used for the purpose designated:
  1  7    For the rail assistance program:
  1  8 .................................................. $  2,500,000
  1  9    2.  Moneys appropriated under this section shall be used by
  1 10 the department to fund projects under the rail assistance
  1 11 program established in chapter 327H and rules adopted pursuant
  1 12 to that chapter.  Such projects must be directly related to an
  1 13 economic development project involving value=added
  1 14 agriculture.
  1 15    3.  The grow Iowa values board shall approve applications
  1 16 for financial assistance from moneys appropriated under this
  1 17 section.  The Iowa transportation commission shall not act on
  1 18 an application for funds appropriated under this section
  1 19 without prior approval of the grow Iowa values board.
  1 20    4.  Notwithstanding section 8.33, moneys appropriated in
  1 21 this section that remain unexpended at the end of the fiscal
  1 22 year shall not revert to any fund but shall remain available
  1 23 for expenditure for the purposes designated during succeeding
  1 24 fiscal years.
  1 25    Sec. 2.  CONTINGENT EFFECTIVENESS.  This Act takes effect
  1 26 upon the enactment of legislation creating the grow Iowa
  1 27 values fund and board by the general assembly during the 2005
  1 28 legislative session.
  1 29                           EXPLANATION
  1 30    This bill appropriates moneys from the grow Iowa values
  1 31 fund to the rail assistance program administered by the state
  1 32 department of transportation for the fiscal period beginning
  1 33 July 1, 2005, and ending June 30, 2010, the anticipated
  1 34 duration of the fund.  The moneys are to be used to fund
  1 35 projects that qualify under the rail assistance program as
  2  1 economic development projects and that are directly related to
  2  2 value=added agriculture development.  An application for
  2  3 financial assistance must first be approved by the grow Iowa
  2  4 values board before being considered by the transportation
  2  5 commission.
  2  6    The bill takes effect upon enactment of legislation
  2  7 creating a grow Iowa values fund and board during the 2005
  2  8 legislative session.
  2  9 LSB 1848SS 81
  2 10 dea:nh/sh/8.1